Al Meezan announces Interim Dividend FY 2011-2012

Karachi, July 03, 2012 (PPI-OT): Al Meezan Investment Management Limited (Al Meezan) is pleased to announce interim dividend payout for Meezan Sovereign Fund (MSF) @ Rs. 1.46 per unit. The details of the dividend are as following:

FundPeriodDividend (Rs.)% of par value ofTotal return %
per unitRs. 50/-for FY12
Meezan SovereignMar 21, 2012 to
Fund (MSF)June 28, 2012




The payouts are in the form of Bonus Units to the Growth Unit holders and Cash Dividend to the Income Unit holders. A Growth Unit holder having 100 units of MSF as at June 29, 2012 will get 2.92 additional units while an Income Unit holder will get Cash Dividend of Rs. 1.46 per unit.

Al Meezan is one of the leading asset management companies in the private sector in Pakistan with total assets under management of over Rs.38 billion and AM2 rating by JCR-VIS denoting High Quality Management. Al Meezan offers a complete range of investment solutions to meet the varying investment needs of its investors which exceed 20,000 clients including over 350 institutional investors.

For more information, contact:
Al Meezan Investment Management Limited
Registered Office
Ground Floor, Block B,
Finance and Trade Centre (FTC)
Karachi, 74400
UAN: 111-633-926 (Meezan)
Tel: (92-21) 5630722-26
Fax: (92-21) 5676143